The pandemic has so far resulted in 701,000 lost jobs according to the March jobs report. And that doesn’t even include the nearly 10 million people who filed for jobless benefits in the last two weeks. While the unemployment rate increased to 4.4% from 3.5% in the official report, the last two weeks of unemployment benefit filings suggest that the true rate is probably about 18.3% for adults, according to William Rodgers, chief economist at the Heldrich Center for Workforce Development at Rutgers University, and the numbers are even worse for minorities and teen workers.
New Jersey State Policy Lab Celebrates 5th Anniversary with Annual Report
Read Report It is my privilege to serve as the Executive Director of the New Jersey State Policy Lab. Since its launch in 2021, we have worked to build something meaningful—producing high-quality blogs and reports, sharing them widely on our website and across social...